The purpose of this conference is to identify policies to put Korea on the road to a sound and advanced economy. I will try to make my contribution to this discussion. but at the outset I want to emphasise that, given the wide-ranging reforms introduced during the past five years, many of the problems that Korea now needs to overcome, or the new strengths it wishes to build, are also challenges for other OECD Members. Of course, there are still some exceptional issues for Korea. But for the most part the challenges to Korea today are similar to those in other OECD countries. And in some domains Korea is out in front leading the pack.